Correct. CUBV has delivered the New Verified Transfer Agent as promised!
This new transfer agent along with the updated share structure was introduced on the OTC site last night.
Considering the last known OS as of December 31, 2016 was 2.3 billion, the current TA Verified OS of 2.9 billion is much lower than I expected.
In addition to the nice OS surprise, a whopping 40% (1.2 billion) of the OS is RESTRICTED. I was expecting the restricted shares to be about 200 million. I was off (in a good way) by 1 billion. Lol
NOTE: The AS was increased by former management in early 2017 before Margaret filed her lawsuit. I fully expect the AS to be reduced significantly in the coming weeks as the company moves forward. We shall see.
Remember, this is not your typical custodian play. This is personal.
Shareholder Margaret Willett was screwed over by former CUBV management leading her to file a lawsuit against them in Oct 2017. In June of this year (2019), the Wyoming District Court appointed her custodian of the CUBV shell. Since then, she’s been working to bring CUBV back to Pink Current status.
First step was reinstatement at the Nevada SOS - COMPLETE
Second step was installing a verified transfer agent and updating the SS - COMPLETE
Next up will be releasing company financials and attorney letter to bring CUBV back to Pink current Status.
Once back to Pink Current status, the now direction will be revealed.
NOTE: During the time between steps 1 and 2, Company insiders purchase well over 100 million shares on the open market (per company twitter feed). To be verified in company financials once released.
$CUBV
